If you must trade contracts, remember the following points! They are crucial!

1. Playing contracts is about betting small to win big, and it's normal to incur losses. However, after hitting a stop loss, there are two groups of people: some will madly open positions after the stop loss, while others will enter a cooling-off period.
My suggestion is that if you encounter frequent stop-loss situations, you should calm down, temporarily stop trading, and adjust your strategy.
2. Don't rush to achieve success; trading is not a means to get rich overnight. When encountering losses in trading, maintain a calm mindset, don't rush to open positions, and absolutely avoid over-leveraging.
3. It is very important to be optimistic about the overall trend. When you can see that the market is in a one-sided trend, you should follow the trend and not trade against it. Trading against the trend is the root of losses. Whether you are a beginner or an experienced trader, many have the habit of trading against the trend. However, once the market trend is established, trading against it often leads to severe lessons from the market. Therefore, we must learn to go with the trend and patiently wait for opportunities to execute trades.
4. The profit and loss ratio must be well managed; otherwise, it will be very difficult to make money. Ensure that profits are as large as possible compared to losses, and at least achieve a 2:1 ratio before considering placing an order.
5. Frequent trading is a major taboo in contracts. If you are not an expert in contracts, you must restrain the impulse to blindly open positions, especially for new players who are full of enthusiasm for the market and always want to seize every opportunity. However, most so-called opportunities will lead to losses.
6. Only make money within your understanding, this is very important.
7. Do not hold positions; holding positions in contracts is a big taboo, especially for beginners who have just started. Be sure to set stop losses; holding positions is the beginning of falling into a deep abyss. Again, I remind you not to hold positions.
8. Don't get carried away when making a profit; getting carried away will surely lead to losses.
#Gate最新储备金104.53亿美元创安全新标杆 #鲍威尔发言 #CandyDrop 全民空投 4.0